Consolidated Communications has won more than $150 million in broadband funding since 2019 and that funding is “a key component as we continue our expansion,” said Consolidated President and CEO Bob Udell on the company’s first quarter earnings call this…
Two investment firms have offered to acquire all the outstanding common shares of Consolidated Communications for cash consideration of $4 per share in a buyout deal that would convert Consolidated from a publicly traded company to a private one. The…
Consolidated Communications issued a formal announcement today stating that it has been awarded two broadband grants totaling $17 million from the Maine Connectivity Authority (MCA) through the Connect the Ready program. The MCA announced the awards, along with awards made…
Consolidated Communications was awarded $40 million in funding from the New Hampshire Office of Broadband Initiatives to go toward the cost of broadband buildouts in the state. Matt Conserva,Broadband Program Manager for the agency, told Telecompetitor that Consolidated was the…
Consolidated Communications has made Fidium@Work, an offering that includes multi-gigabit symmetrical broadband and Wi-Fi 6, available to new business customers in the company’s fiber markets. The service is available with no contracts or data caps. It includes VoIP business phone…
Consolidated Communications won two grants totaling approximately $17 million in the Connect the Ready broadband funding program administered by the Maine Connectivity Authority. Four other providers, including TDS Telecom, won an additional $17 million in the program. The funding will…
Mattoon, Illinois – December 1, 2022 – (BUSINESS WIRE) – Consolidated Communications Enterprise Services, Inc. (“Company”) is pleased to announce it has completed the sale of its Kansas City assets, effective Nov. 30, 2022, to Everfast Fiber Networks LLC for…
Consolidated Communications has made the Fidium symmetrical all-fiber broadband service available to 41,000 homes in eastern Maine. The communities are Augusta, Biddeford, Falmouth, Rockland, and Waterville. The company also says that construction is underway in Lisbon Falls, where 6,000 homes…
September 13, 2022 — MATTOON, Ill.–(BUSINESS WIRE)–Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) announced today that its subsidiary, Clio Subsidiary, LLC, has completed the sale of its limited partnership interests in five wireless partnerships to Cellco Partnership d/b/a Verizon Wireless, the…
Consolidated Communications reported quarterly results today and the narrative is squarely on fiber. The super-regional carrier reported an important milestone regarding Consolidated’s fiber transformation strategy. Like other legacy telecom carriers, Consolidated is on a mission to become a fiber first…
Consolidated Communications Holdings says its Clio subsidiary has agreed to sell its limited interests in five wireless partnerships managed by Cellco partnership, which does business as Verizon Wireless, to Verizon/Cellco for $490 million. The goal is to finance Consolidated’s ongoing…
Ellensburg, Wa. – July 28, 2022, Consolidated Communications (NASDAQ: CNSL), a top-10 fiber provider, has begun construction on the company’s symmetrical, gigabit, fiber internet network that will serve 3,000 homes and businesses in Ellensburg, Washington by the end of 2022. Consolidated’s new fiber…
What’s happening with broadband and why is it important? Find out by subscribing to Telecompetitor’s newsletter today.